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Mar 19, 2013
03/13
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and i love domestic energy. natural gas, marcellus shale, anything coming out of the ground in the u.s. is going to have a dominant position in the next economic move. so i think it's a great place to begin to invest. >> and i just wonder as people get into these levels, and is i know there is a debate that's been playing out in markets. but we've had such a run up. even aus mentioned from the regional banks, banks have completely rerated even to where we were a year ago. do you just continue to stick with the winners, though, or is there a sense for looking for better value? >> i definitely think you look for value but you pick your spots carefully. there are some stocks that haven't participated in the regional banking area, particularly on the lower end of the cap ranges. those can be bought selectively. some of the marcellus shares are doing extremely well, but can be bought at a reasonable price. some of those plays are undervalued in my opinion. there's lots of opportunity. you have to pick your sots, thou
and i love domestic energy. natural gas, marcellus shale, anything coming out of the ground in the u.s. is going to have a dominant position in the next economic move. so i think it's a great place to begin to invest. >> and i just wonder as people get into these levels, and is i know there is a debate that's been playing out in markets. but we've had such a run up. even aus mentioned from the regional banks, banks have completely rerated even to where we were a year ago. do you just...
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90
Mar 22, 2013
03/13
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obstacle for achieving progress in the issues that we've discussed here from trade, investment, to energy, to mobility? i don't think it is. >> mr. barosso is, of course, the president of the european commission and the easy-going guy standing to his left, your right, is prime minister medved medveded. we'll talk about another country over there as we have michelle still waiting for us and simon down at the exchange. slovenia. see if you can pick slovenia off the map. if it flew under the radar screen, they became a member back in 2004 in the 2007 eurozone so it's a full-paying member, playing member. they have 7 billion worth of euro bad loans on the book, 20% of the country's gdp and they are looking at a june bond offering. one jer began economist as commerce bank, always looking on the bright said, said slovenia is likely to seam seek a refuge under the bailout umbrella sometime the second half of this year. i'mon, nobody real has their eye on sloefn yeah, but it does increasingly feel like we're looking at dominoes that one falls after another. >> yeah, can you see it like that or yo
obstacle for achieving progress in the issues that we've discussed here from trade, investment, to energy, to mobility? i don't think it is. >> mr. barosso is, of course, the president of the european commission and the easy-going guy standing to his left, your right, is prime minister medved medveded. we'll talk about another country over there as we have michelle still waiting for us and simon down at the exchange. slovenia. see if you can pick slovenia off the map. if it flew under the...
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Mar 22, 2013
03/13
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which part of the energy do you like right sno. >> we're neutral on energy. but the areas are the oil field services. we're getting toward the later stages of the economic cycle, and that's usually when you see a tightening of the oil markets and need to ramp up activity. if you look at budgets of the super major oil companies, that is what you are seeing. we're seeing a pickup in capital spending. if you look internationally, that's really the best opportunity. >> all right. 're going to leave it there. patrick and david, thank you for joining us. have a great weekend. >> thank you. >>> let's turn to europe, that is the big question mark over the weekend. the cypriot finance minister flying home after two days of waste talks. leaders are scrambling to attempt to strike a deal with the european union by next week. michelle is live from the capital of cyprus. from outside the country, we read that they're furious they haven't been speaking for so many days. similarly many of the suggestions coming from the greek government, nationalizing the pension system of
which part of the energy do you like right sno. >> we're neutral on energy. but the areas are the oil field services. we're getting toward the later stages of the economic cycle, and that's usually when you see a tightening of the oil markets and need to ramp up activity. if you look at budgets of the super major oil companies, that is what you are seeing. we're seeing a pickup in capital spending. if you look internationally, that's really the best opportunity. >> all right. 're...
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Mar 18, 2013
03/13
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let's go to check on energy and commodities. sharon epperson at the nymex. >> definitely. that's what where the safe haven bid is. gold prices up 1700 an ounce. we got as high as 1610 an ounce. they say that is the number gold needs to close above to sustain any upward momentum here. we're still looking at $11 gain or so in the gold price. we're also keeping an eye on what's happening in other metals because copper, it's a far different story. copper continues to be one of the worst performing commodities of the day, considering what has happened to the dollar. that's a major factor there. we're already seeing concerns there in terms of short positions in the marketplace as well. according to the latest cfpc report. also watching natural gas because it's been a strong out-performer for the better part of the week. it continues to be a gainer but off of the highs of the session. there are some saying that now is the time to take profits in natural gas after this tremendous upturn we have seen in that commodity just in the last week. it's up about 30 cents or so just in one
let's go to check on energy and commodities. sharon epperson at the nymex. >> definitely. that's what where the safe haven bid is. gold prices up 1700 an ounce. we got as high as 1610 an ounce. they say that is the number gold needs to close above to sustain any upward momentum here. we're still looking at $11 gain or so in the gold price. we're also keeping an eye on what's happening in other metals because copper, it's a far different story. copper continues to be one of the worst...
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Mar 25, 2013
03/13
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and checking oil praoeusdz at clearview energy. our guest host. hey, guys. even, shroets tart with you on oil. does that matter to you? i know there's an outstanding issue about russia cyprus and what was going to happen there. >> it will go to where it was before it hit. we're not growing command as fast her than before. they keep producing and becoming more taeurbgt at the same time. it's risk on aftermath. not part of the raging bull you have seen before. >> do we care about the weather, the snow? >> sure. it's a great trade on a snowy day in new york. you with don't see that you would have had in a couple of years. >> what do you think about some of the economic data has been almost uniformly better than expecting. >> fedex's earnings. >> i think they were blaming traffic and asia-pacific for that shortfall. i wouldn't read too much into that. i would be looking at the five-year low and unemployment claims we have. two weeks ago the five-year hold and the fact that the dow skwroepbls then it moves five. and housing is very strong. and the banking system
and checking oil praoeusdz at clearview energy. our guest host. hey, guys. even, shroets tart with you on oil. does that matter to you? i know there's an outstanding issue about russia cyprus and what was going to happen there. >> it will go to where it was before it hit. we're not growing command as fast her than before. they keep producing and becoming more taeurbgt at the same time. it's risk on aftermath. not part of the raging bull you have seen before. >> do we care about the...